Which of the following is given by the President of the United States?

A. Malcolm Baldrige National Quality Award
B. ISO9000:2001
C. Benchmarking Excellence Award
D. National Merit for Success Award


Answer: A

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The president of the United States is considering two different candidates to chair the Federal Reserve. If he chooses Alan, the probability that inflation will be 2 percent is 0.4 and the probability that inflation will be 4 percent is 0.6. If the president chooses Ben, the probability that inflation will be 2 percent is 0.6 and the probability that inflation will be 3 percent is 0.4. If you are an investor with your funds invested in bonds paying 7 percent, calculate the standard deviation of your real return if Alan is chosen to chair the Fed and if Ben is chosen to chair the Fed. Which candidate would you prefer? Explain why.

What will be an ideal response?

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The documentation with the bank statement shows a debit memo for bank service charges. Based on this, what possible entry would be made in the company's accounts?

a. debit Miscellaneous Administrative Expense; credit Cash b. debit Cash; credit Other Income c. debit Cash; credit Accounts Payable d. debit Accounts Payable; credit Cash

Business

Which of the following correctly orders the delegation process?

a. Set objectives, explain the need, establish controls, and develop a plan. b. Set objectives, develop a plan, explain the need, and establish controls. c. Explain the need, establish controls, set objectives, and develop a plan. d. Explain the need, set objectives, develop a plan, and establish controls.

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In a major announcement at an annual medical conference, Dr. Benjamin Johnson, Research Director of Acme Pharmaceuticals, informs the medical community of a breakthrough in the treatment of diabetes. As ________ for his organization, he answers questions posed to him by his medical research colleagues and members of the press.

A. figurehead B. disturbance handler C. disseminator D. liaison E. spokesperson

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